Brixton Brewery, based in the namesake district of south London, England, announced today on its website that “following a successful three years’ working with the global brewers, Heineken, we are expanding this partnership in a deal that will see Heineken fully acquire Brixton Brewery.”
In November 2017, Heineken bought a minority stake in the craft brewery to help financing an ambitious expansion plan. (inside.beer, 28.11.2017) “In 2017 a minority investment by Heineken meant that we could expand to a purpose-built brewery, remain in Brixton, and create a tap room and experimental brewery in our original railway arch home on Brixton Station Road, where we welcome the public for a taste of our beers, and a look at how we brew,” the company explained in its statement today.
“When we look back over the past seven years, we honestly can’t believe how far we’ve come,” the company says.“ It makes us want to dream even bigger for the next seven.”
“Over the past three years of working together, we’ve built a strong relationship with Heineken, who share our commitment to quality and responsibility. We have benefited from the Heineken team’s expertise and market reach, and we want to build on it. There’s no denying the fact that the next few years will be challenging for many reasons, so we’re happy to have the opportunity to secure the future of Brixton Brewery for our team, our families, our community and fans of our beers, who’ve been hugely supportive of our success. The industry has changed massively since we started, and we want nothing more than to continue to be a positive part of it.
“The founders of Brixton Brewery will continue to lead the brewery’s day-to-day operations and strategic and creative direction.
“We look forward to this next chapter. Our beers will be increasingly available UK-wide, we will continue to strengthen our approach to community and sustainability and we will keep on investing in Brixton through our brewery, taproom and newly renovated experimental brewery. We are committed to creating and sustaining good jobs in Brixton, and hiring a diverse range of people who love beer and Brixton as much as we do.
Financial details of the deal and the exact timing of the transaction were not disclosed.
Brixton brewery is not Heineken's only outpost in the British capital. In May 2018, Heineken acquired a minority share in north-London’s Beavertown Brewery to help financing a GBP 40 million (USD 55m) brewery and visitor center. (inside.beer, 26.5.2018)
